State and National News:
- Fed says economy grew modestly over summer Read more…
- What States give you the biggest ‘bang for your buck’? Read more…
- Freedom in the 50 States Read more…
Taxes, Financing, Insurance and more:
- Freddie Mac lowers mortgage rate prediction Read more…
Cape Coral and SW Florida News:
- Cape Coral named in Forbes “Best places to Retire” Read more…
- The 25 safest American Cities to live in Read more…
- Cape Coral’s Seven Island high-rise plans cause stir Read more…
- City Council sets tentative 2017 Budget, property tax rate Read more…
- Pine Island fruit market wins Martha Stewart award Read more…
- Cape Coral golf course inches closer to development Read more…
- Cape Coral to replace old storm drains Read more…
- Cape Coral adopts future land use for Bimini Basin Read more…
Real Estate Tips:
- Bad habits that may ruin a home Read more…
- 5 fixes that can raise a homes value Read more…
Nature:
- What do you do if floodwater rises unexpectedly? Read more…
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REMAX Realty Team #1 in Lee County again! Thank you to all our FANTASTIC Customers!
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THIS MONTH’S FEATURES:
1321 NW 16th Ter… Affordable and Adorable! only $169,900
A Buyer’s Dream! From the moment you walk into this home you will see that it has been well cared for and is clean as a whistle. OPEN FLOOR PLAN design with Great Room as you walk in the front door. Kitchen and dining area with sliders that look out at the TILED porch/florida room. Master bedroom retreat offers TWO WALK-IN CLOSETS. Split bedroom floor plan offers Master on one side of the home and guest rooms on the other for the utmost privacy. Laundry room has cabinets for storage and WASHER & DRYER come with the home. NEWLY painted in 2015. NEW flooring in both bathrooms. Nice manicured landscaping gives this home a beautiful curb appeal. County website shows this property does NOT REQUIRE FLOOD INSURANCE and your insurance company will be happy to hear that this home comes with STORM SHUTTERS. Only 3 miles from an 18-hole Championship Golf Course and easy access to Fort Myers International Airport, which is only about 27 miles away. Won’t last so hurry…..
Click here to see more…
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“Backyard News”
>358 new (SF) listings taken in Cape Coral and 376 went off the market.
>Approximately 25-30% of listings sell each month further illustrating the significance of pricing to sell and not to sit!
>381 total home sales in August and 1,424 total actives.
> The average (SF) sales price in Cape Coral continues to rise, nearly 11% to $252k.
>Not much change in terms of inventory, still a seller’s market as we enter the end of Q3.
“Industry News”
>UEP (North 2) the city is pre-qualifying contractors for the expansion project while securing the Florida Dept. of Protection State Revolving Fund Loan. Projected date to secure said loans is November with construction starting shortly after. Construction is expected to be between 18-24 months.
>Down Payment Assistance: imortgage has removed their requirement on min. score for the bond programs. Not a minimum of 660 any longer.they can now qualify borrowers with a 620 score and VA can now be included in the program too. For closing costs or down payment.